They're going to say no? CA tried that. Tell me the last time utility costs were reduced by a state agency. It's a rubber stamp and nothing else. We travel in different investment circles. I don't know anyone putting their money in US long-term syndication on the equity side not associated with health care real property and a petrochemical plant can be a 40-year useful life situation. What's your take on the US economy in 5, 10 and 20+ years? Good enough to put up the money for what may well be surplus refining capacity before useful life term is reached? Enviros or not, if the return is there money always has its own way of doing things. Corporations are awash in cash. Liquidity has been the name of the game for some time, but there are always bridge buyers.
Label: Non-Sarcastic